The base currency on Bisq is Bitcoin (BTC). Bisq is a decentralized peer-to-peer cryptocurrency exchange that primarily uses Bitcoin as its base currency for several reasons:
Liquidity: Bitcoin is the most widely traded and recognized cryptocurrency, which means it has high liquidity. This makes it easier to find trading partners and execute trades on the platform.
Security: Bitcoin has a well-established blockchain and strong security features, making it a reliable base currency for trading.
Decentralization: Bisq is designed to be a decentralized exchange, and using Bitcoin as the base currency aligns with the decentralized ethos of the platform.
P2P Network: Bisq operates as a peer-to-peer network, and Bitcoin's robust network infrastructure supports secure and efficient transactions between users.
And concerning the mobile RPC wallet, updates is currently moving towards it and the public will be notified on our official website.
Read more on wiki:
Why Bisq?
Bisq is built on pure P2P infrastructure: desktop software, Tor, local wallets, and no central accounts. Furthermore, it is not a company, and its governance model actually incentivizes the protection of user privacy and freedoms.
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[Point of correction]
Your main reason to use Bisq is because it is resistant to censorship because they don't rely on a central authority that could block or freeze transactions.
Your main reason to Bisq is resistant to censorship because they don't rely on a central authority that could block or freeze transactions.
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Bisq have lower transaction fees because they cut out intermediaries, such as banks.
Bisq system is decentralized, reducing the risk of a single point of failure or government control.
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Bisq is operational 24/7, providing users with the flexibility to trade at any time, unlike banks with operating hours.
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Bisq is built for those who:
- Want to exchange a national currency such as dollars, euros, naira, or yen for bitcoin.
- Want to exchange a wide range of alternative cryptocurrencies for bitcoin.
- Do not want to trust any entity to hold their funds.
- Do not want to forfeit control or privacy to a central authority in order to trade with other individuals.
- Regard financial transactions as a form of private speech that should be protected from surveillance by banks, governments, and other institutions.
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The payment methods on Bisq vary in chargeback risk, regional availability, transaction size, fees, privacy, verifiability, and other characteristics. The top consideration for maintaining payment methods is chargeback risk. PayPal, Venmo, and Cash App are not supported on Bisq because chargebacks for payments made with those services are relatively easy.
The list of available payment methods can be found in the link below.
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Why Bisq?
Bisq's goal is to offer a secure, private, and censorship-resistant method for trading bitcoin with national currencies or other cryptocurrencies via the internet.
Get started here 👇🏾
Navigating Bisq's Features or Embarking on Your No-KYC Decentralized Exchange Journey is Simplified with the Wiki.
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Browse the Wiki here👇🏾
Or You can say Hi on Matrix here👇🏾
Comprehensive Guide to Begin Buying and Selling Bitcoin and Other Cryptocurrencies on Bisq.
Happy trading🎊
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Ownership of funds!
Users have full control over their assets on Bisq, reducing the risk of funds being frozen or seized.
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Bisq have lower trading fees compared to other centralized counterparts, because they eliminate intermediaries.
Click the link below to learn more about Bisq
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Bisq is less susceptible to censorship or government intervention since it doesn’t rely on a central authority to operate.
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Bisq can be accessed globally!
Bisq can be accessed from anywhere in the world, as Decentralized exchanges aren't subject to geographical restrictions or regulatory limitations.
Bisq is decentralized!
Bisq often provide more control and security over your funds since you retain ownership of your private keys. This reduces the risk of hacks or exit scams common in centralized exchanges.